Norway - Cash surplus or deficit

Cash surplus/deficit (current LCU)

The value for Cash surplus/deficit (current LCU) in Norway was 398,977,000,000 as of 2011. As the graph below shows, over the past 11 years this indicator reached a maximum value of 512,228,000,000 in 2008 and a minimum value of 132,232,000,000 in 2003.

Definition: Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2000 232,979,000,000
2001 216,954,000,000
2002 140,014,000,000
2003 132,232,000,000
2004 204,597,000,000
2005 295,994,000,000
2006 400,680,000,000
2007 411,656,000,000
2008 512,228,000,000
2009 276,635,000,000
2010 310,472,000,000
2011 398,977,000,000

Cash surplus/deficit (% of GDP)

Cash surplus/deficit (% of GDP) in Norway was 14.67 as of 2011. Its highest value over the past 11 years was 20.01 in 2008, while its lowest value was 8.30 in 2003.

Definition: Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2000 15.73
2001 14.12
2002 9.14
2003 8.30
2004 11.67
2005 15.11
2006 18.37
2007 17.85
2008 20.01
2009 11.74
2010 12.30
2011 14.67

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance